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2024-02-15 14:09:53 ET
Shares of Oatly Group (NASDAQ: OTLY) were having another rough quarter as the oat milk company disappointed investors in its fourth-quarter earnings report.
Oatly topped revenue estimates in the fourth quarter, but the company continued to struggle on the bottom line and offered weak guidance.
As of 12:30 p.m. ET, the stock was down 14.8%.
For further details see:
Why Oatly Stock Was Sliding TodayNews, Short Squeeze, Breakout and More Instantly...
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